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  • Vendor : SAP
  • Certifications : SAP Certified Application Associate
  • Exam Name : SAP Certified Application Associate - SAP SuccessFactors Succession Management 2H/2022
  • Exam Code : C_THR85_2211
  • Total Questions : 376 Q&As
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What is VCE Simulator?
VCE Exam Simulator is a test engine designed specifically for certification exam preparation. It allows you to create, edit, and take practice tests in an environment very similar to an actual exam.
SKU: C_THR85_2211 Categories: ,

Description

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    NEW QUESTION: 1
    You have a Windows 8 image.
    You are testing the Out-of-Box-Experience (OOBE).
    You discover that when neither a keyboard nor a mouse is connected, the Human Interface
    Device (HID) pairing instructions do not appear.
    You need to ensure that the HID pairing instructions appear when the image starts on a
    client computer that has neither a keyboard nor a mouse connected.
    Which file should you create?
    A. Coconfig.xml
    B. Sysprep.inf
    C. unattend.xml
    D. Oobe.xml
    Answer: D

    NEW QUESTION: 2
    The rate of dividend on a stock goes up. What is the effect on the price of a put option on this stock?
    A. It decreases the value of the put
    B. It increases the value of the put
    C. It does not affect the value of the put
    D. It may affect the put value either way depending upon the risk-free rate
    Answer: B
    Explanation:
    Explanation
    Everything else remaining the same, an increase in the rate of dividends causes the value of call options to fall and the value of put options to rise. Therefore, Choice 'b' is the correct answer. (In the exam, the question could address either a call or a put option, so be aware of the answer in either case).
    To understand this, consider how dividends are accounted for when valuing an option using the Black Scholes model. Future dividends are discounted to the present using the risk free rate and this discounted value is reduced from the spot price used in the BSM valuation. Effectively, this reduces the spot price used in the BSM formula. When the spot price reduces, and the exercise price remains the same, then the value of the call option goes down. In the same way, when spot price is reduced by the present value of dividends (and the exercise price stays the same), obviously the put option becomes more valuable. Therefore an increase in the rate of dividends increases the value of the put option.
    There is another intuitive way to think about this: A call option is like a long position in the stock, but the holder of the call option is not entitled to receive dividends (unlike the holder of the stock). Since the holder of the call option has to forego the dividends, he is willing to pay less for the option; or in other words, the value of the call reduces.
    In the same way, a put option is like having a short position in the stock. The holder of the short position has to borrow the stock in order to get into the short position in the first place. When dividends are paid, the holder of the short stock position has to make good any dividends that might be paid to the lender of the stock. The holder of a put option does not have to make any such payments. Therefore the put option is more valuable, and the existence of dividends (or an increase in dividends) increases the value of the put option.
    (Try this out using the Black Scholes Excel model given under the tutorials by varying the spot price.)

    NEW QUESTION: 3
    Mary is the project manager of the H1QZ Project. This project is a subproject of the HQZ Project and the project schedule is fixed and cannot vary. Stephen, a project team member, reports that he's having trouble completing his project assignment and will likely be at least two days late. Examine the figure given below:

    If Stephen's assignment is Activity B, what impact will his two days of lateness have on the project end date?
    Answer:
    Explanation:
    pending


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